Standex International Corporation (SXI)

Net profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Net income (ttm) US$ in thousands 55,760 60,525 54,443 72,457 73,074 73,652 138,364 139,536 138,992 132,092 68,904 63,845 61,393 62,073 46,178 42,571 36,473 24,359 16,609 17,470
Revenue (ttm) US$ in thousands 790,107 748,252 717,739 706,325 720,635 728,768 735,833 745,222 741,048 737,460 742,409 740,329 735,339 727,035 709,970 680,544 656,220 619,171 602,429 636,731
Net profit margin 7.06% 8.09% 7.59% 10.26% 10.14% 10.11% 18.80% 18.72% 18.76% 17.91% 9.28% 8.62% 8.35% 8.54% 6.50% 6.26% 5.56% 3.93% 2.76% 2.74%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $55,760K ÷ $790,107K
= 7.06%

Standex International Corporation's net profit margin demonstrates a notable upward trend from September 30, 2020, through the first quarter of 2023, followed by fluctuations in subsequent periods.

Initially, the net profit margin was relatively modest at approximately 2.74% in September 2020, with a slight increase to 2.76% by the end of 2020. Throughout 2021, the margin experienced consistent growth, reaching 6.26% by September 2021 and surpassing 6.5% by year's end. This upward trajectory continued into 2022, with margins escalating to 8.54% in the first quarter and maintaining above 8% through the third quarter, culminating at 9.28% at the close of December 2022.

The most significant expansion occurred between the first and second quarters of 2023, with the net profit margin nearly doubling from 8.54% to 17.91%. This sharp increase suggests substantial improvements in profitability, which persisted into the second and third quarters of 2023, with margins of 18.76% and 18.72%, respectively. By the end of 2023, the margin stabilized near 18.8%.

In the period from March 2024 to June 2025, the net profit margin experienced a decline from approximately 10.11% to 7.06%. During this timeframe, margins fluctuated, with slight recoveries and reductions, indicating a period of volatility in profitability.

Overall, the data indicates that Standex International achieved consistent growth in net profit margins from late 2020 through early 2023, reflecting effective operational improvements and possibly favorable market conditions. However, starting in 2024, the margins showed signs of contraction and variability, suggesting that profitability faced challenges or increased competitive pressures during this later period.


Peer comparison

Jun 30, 2025

Company name
Symbol
Net profit margin
Standex International Corporation
SXI
7.06%
Hayward Holdings Inc
HAYW
11.28%
Middleby Corp
MIDD
11.06%
Tennant Company
TNC
6.51%